According to customs statistics, the total import and export of hardware products in China from January to June 2010 was US$13.308 billion, an increase of 39.56% year-on-year, an increase of 5.78 percentage points from the first quarter. The trade surplus reached 11.409 billion U.S. dollars, an increase of 6.28 billion U.S. dollars over the same period in 2009.
1. Exports In January and June of 2010, the cumulative export of hardware products in China increased by 39% year-on-year, which was 11.91 percentage points higher than the average level of the light industry. Since 2010, the hardware industry's international market demand began to slowly rise, and orders gradually increased. This led to the gradual recovery of various types of hardware products exports in China, achieving a positive year-on-year growth in volume and price, and a larger increase, since the second quarter, the amount of exports gradually Over the same period in 2008.
From the monthly data, due to seasonal factors, China's hardware product exports declined in the first quarter of 2010, reaching the lowest point in the first half of the year. The rapid recovery in the second quarter led to a 6.65 percentage point increase in export growth in the first half of the year compared with the first quarter, but the export value fell slightly after entering the month of June.
In the first half of 2010, China's hardware industry showed a rapid growth in exports, which mainly benefited from the international market demand. The rebound in international market demand was mainly due to the impact of the financial crisis in the first half of 2009. Foreign sellers were mainly responsible for clearing inventory when purchasing. At present, their inventory began to appear insufficient, which in turn created the need for replenishment of inventory.
Although the international market demand has picked up, the situation in the global hardware market is not the same. Demand in emerging markets such as South Asia, Eastern Europe, Russia, and the Middle East is growing at a relatively rapid pace. The recovery of demand in the European Union and the United States as a traditional hardware export destination is still relatively slow. .
2. Imports From January to June 2010, the cumulative import of the hardware industry increased by 47.25% year-on-year. It is 8.77 percentage points higher than the average level of the light industry. In addition to the import volume of domestic stoves and similar appliances and their parts, the year-on-year increase in the import value of non-electric heating radiators and their parts continued to decline, and the import value of other hardware products increased positively over the same period of last year, and the increase was more significant. Large, including gas water heaters, the import volume value increased by more than 100%.
From the monthly data, the import of the hardware industry in 2010 continued the upward trend of the shock in 2009. Since the second quarter, the import value has basically recovered to the level of 2008, but the growth rate has gradually decreased.
1. Exports In January and June of 2010, the cumulative export of hardware products in China increased by 39% year-on-year, which was 11.91 percentage points higher than the average level of the light industry. Since 2010, the hardware industry's international market demand began to slowly rise, and orders gradually increased. This led to the gradual recovery of various types of hardware products exports in China, achieving a positive year-on-year growth in volume and price, and a larger increase, since the second quarter, the amount of exports gradually Over the same period in 2008.
From the monthly data, due to seasonal factors, China's hardware product exports declined in the first quarter of 2010, reaching the lowest point in the first half of the year. The rapid recovery in the second quarter led to a 6.65 percentage point increase in export growth in the first half of the year compared with the first quarter, but the export value fell slightly after entering the month of June.
In the first half of 2010, China's hardware industry showed a rapid growth in exports, which mainly benefited from the international market demand. The rebound in international market demand was mainly due to the impact of the financial crisis in the first half of 2009. Foreign sellers were mainly responsible for clearing inventory when purchasing. At present, their inventory began to appear insufficient, which in turn created the need for replenishment of inventory.
Although the international market demand has picked up, the situation in the global hardware market is not the same. Demand in emerging markets such as South Asia, Eastern Europe, Russia, and the Middle East is growing at a relatively rapid pace. The recovery of demand in the European Union and the United States as a traditional hardware export destination is still relatively slow. .
2. Imports From January to June 2010, the cumulative import of the hardware industry increased by 47.25% year-on-year. It is 8.77 percentage points higher than the average level of the light industry. In addition to the import volume of domestic stoves and similar appliances and their parts, the year-on-year increase in the import value of non-electric heating radiators and their parts continued to decline, and the import value of other hardware products increased positively over the same period of last year, and the increase was more significant. Large, including gas water heaters, the import volume value increased by more than 100%.
From the monthly data, the import of the hardware industry in 2010 continued the upward trend of the shock in 2009. Since the second quarter, the import value has basically recovered to the level of 2008, but the growth rate has gradually decreased.